All articles by Verdict Staff

Verdict Staff

Openwork acquires 2Plan Wealth Management for free

UK-based advisor network, Openwork, has revealed that it had paid nothing for its acquisition of 2Plan Wealth Management.

Wells Fargo appoints advisors with US$1.4 billion in assets

US-based Wells Fargo, a provider of financial service has appointed advisors having almost US$1.4 billion in assets, onwallstreet has stated.

BlackRock selects HP Application Lifecycle Management

American investment manager BlackRock has selected HP Application Lifecycle Management (ALM) 11.5 with Lab Management Automation.

Wealth management institutions to spend heavily on IT, research

A recent research by UK-based Ovum has revealed that wealth management institutions will be investing heavily in digital channels in the years to come.

UBS denies having helped Germans evade taxes

Swiss banking giant UBS has denied that it has been helping the Germans to evade taxes via Singapore.

Most Chinese financial institutions need to improve risk management, survey

The recent SunGard-sponsored Celent survey has revealed that many of the Chinese financial institutions need to improve risk management.

Coutts appoints new head for products and services development

British wealth manager Coutts has appointed Keith Wilson as the head of products and services development.

AXA Wealth launches AXA Self Investor

AXA Wealth has launched a non-advised platform, AXA Self Investor that will pay adviser commissions for introducing clients to the service.

BNY Mellon to launch new share class for UK investors

US-based wealth manager BNY Mellon is all set launch a fully unbundled share class for UK investors ahead of the UK investment management industry’s Retail Distribution Review (RDR).

US, Germany considering punishment for tax evasion menace

In order to tackle the problem of tax evasion, the United States and Germany are pondering the right level of punishment.